## Question

###### Econ-211-22233-SP2020-OL Homework: 3rd assignment--chapters 6 & 7 Score: 0 of 1 pt 4 Text Problem 2.1...

Econ-211-22233-SP2020-OL Homework: 3rd assignment--chapters 6 & 7 Score: 0 of 1 pt 4 Text Problem 2.1 Related to the Economics in Practice Where Do Bay Get Courte? In a simple economy, w h at all income is the compensation demployon pro Suppose 7 of 28 27 complete there were indirectas. Al dute are in billions of dollars. Category Consumption Grossistent Depreciation $ 500.00 2,800.00 1,541.00 231150 Exports Compensation of employees Domus 11,557 50 3,200.00 3.219.00 MacBook Pro V Option command command option

## Answers

Expenditure approach:

GDP=consumption+gross investment+government purchase+net exports(export-import)

=$9500.00+2800.00+3200.00+(900-990) billion

=$15,140.00 billion

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